All articles tagged with #women entrepreneurs
Melinda French Gates, despite her $30.8 billion net worth, refuses to fund her daughter's startup, emphasizing the importance of self-reliance and resilience for women entrepreneurs, and advocating for women to develop grit in a challenging funding environment.
The global working environment for micro, small, and medium-sized enterprises (MSMEs) has been disrupted by multiple shocks and crises, making them vulnerable to inflation and supply chain disruptions. Women and youth-owned enterprises face additional challenges due to limited access to finance, capacity-building support, and global markets. Policies that support MSME development and entrepreneurship for women and youth are crucial to address these challenges and contribute to the achievement of Sustainable Development Goals. This MSME Day will also focus on supporting resilient supply chains to ensure economic viability and sustainability.
Bank of America has committed over $500 million in equity investments to funds led by minority and women entrepreneurs, more than doubling its initial commitment of $200 million. The bank has committed equity to more than 150 funds, which have invested in over 1,000 companies led by 1,500 diverse entrepreneurs and employing over 21,000 people. The move is aimed at supporting women and diverse entrepreneurs and unlocking their potential to grow their businesses locally and create economic opportunity.